Welcome to The Crown Estate
Working with us
We are keen to play our part in helping developers identify and implement viable CCS projects. We are advocates of spatially managing the various offshore relationships that may impact on any one storage or pipeline proposal, for example potential overlapping interests of offshore wind.
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Guidance on rental policy
Cost is a central issue in the viability of CCS, along with the large scale demonstration of the integrated capture, transport and storage technologies. The role of UK government (and the EU) in supporting the industrial scale demonstration of CCS is essential. DECC has completed its first competition, which made a substantial contribution to knowledge sharing, and is now managing a UK delivery programme that includes a new competitive funding process.
The European Union is providing financial support through funds from the European Energy Programme for Recovery (EEPR) and the issue of up to 300 million European Emissions Trading allowances from a new entrant reserve (NER300). DECC put forward six potential UK projects and a decision is due during 2012.
We do not have a standard set of fees for CO2 projects, but during the AfL process we are able to assess the fee elements with developers taking into account the particulars of their projects. We are aware that CO2 storage is at a demonstration and pre-commercial phase.
Useful documents
- C02 storage master agreement for lease (PDF, 445 KB)
- C02 storage master lease (PDF, 327 KB)
- The Crown Estate role in offshore renewable energy (PDF, 169 KB)